Seasonal c unemployment frictional d unemployment

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Unformatted text preview: cal B) unemployment. seasonal C) unemployment. frictional D) unemployment. structural unemployment. Answer: D Diff: 1 Topic: The Labor Market: Basic Concepts Skill: Definition 5) If you hear a person saying "I lost my job because I was replaced by a machine," you should conclude that this person is ________ unemployed. A) cyclically B) structurally C) frictionally D) seasonally Answer: B Diff: 1 Topic: The Labor Market: Basic Concepts Skill: Conceptual AACSB: Reflective Thinking 6) If you hear a person saying "I lost my job at the GM plant because car manufacturing is slow due to a slowdown in the economy," you should conclude that this person is ________ unemployed. A) cyclically B) structurally C) frictionally D) seasonally Answer: A Diff: 1 Topic: The Labor Market: Basic Concepts Skill: Conceptual AACSB: Reflective Thinking 7) The labor force includes those people with a job and A) those people B) who are looking for work. those people C) training for a job. those people D) who formerly worked and are now retired. homemakers. Answer: A Diff: 1 Topic: The Labor Market: Basic Concepts Skill: Definition 8)...
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